The Internal Revenue Service (IRS) has announced major revisions to the U.S. tax code following the passage of the One, Big, ...
As a taxpayer, you pay tax as a percentage of your income in layers called tax brackets, according to the IRS. Here’s a look ...
Social Security benefits remain taxable on federal income tax returns. But many older adults can save money with new enhanced ...
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Sales tax deduction: Who should claim it and how much you can write off
The sales tax deduction lets you deduct the state and local sales taxes you've paid during the year, but only if you itemize ...
A new $6,000 deduction for senior citizens and less taxes on tips and overtime are some of the biggest changes for your 2025 tax return. Peter is a writer and editor for the CNET How-To team. He has ...
FOX Business ‘The Big Money Show’ co-host Taylor Riggs discusses the IRS’s 2026 tax updates and what they could mean for workers and businesses on ‘Fox & Friends.’ Stock market today: Dow, S&P 500, ...
IRS increases standard deductions, business expense breaks in 2026 FOX Business ‘The Big Money Show’ co-host Taylor Riggs discusses the IRS’s 2026 tax updates and what they could mean for workers and ...
The Internal Revenue Service has released the updated tax brackets for the 2026 tax year. The agency also unveiled changes to the standard deduction, earned income tax credit, estate tax credit and ...
ATLANTA — The One Big Beautiful Bill Act, which was signed into law in July, created several new tax provisions and made changes to others that are in effect for this year. So it's worth having the ...
The first tax season under Trump’s One Big Beautiful Bill Act is approaching, bringing several updates that could lead to larger refunds for many filers. The most notable change is the increase in the ...
The beginning of 2026 will see several major changes to the U.S. tax code, with new rules on tips and overtime pay, child tax credits and standard deductions taking effect in January. Some of the ...
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